State-run firm Bases Conversion and Development Authority (BCDA) has inked a deal with Filipino tech firm CostPlus Inc. to explore the development of ‘innovative’ renewable energy (RE) solutions in New Clark City and other BCDA-managed properties.
BCDA President and CEO Joshua M. Bingcang and CostPlus President Anand Mahtani signed last October 14 a memorandum of understanding (MOU) that will ‘pave the way for feasibility studies on key sustainable energy initiatives.’
‘We are confident that together we can unlock the full clean energy potential of New Clark City, and show the rest of the country that green development and economic growth can go hand in hand.’
Under the agreement, BCDA said proposed projects include the development of a 5-megawatt microgrid system powered by solar energy, battery storage, and auxiliary power technologies.
Another ‘major component,’ BCDA noted, is the establishment of a 20-metric ton per day waste-to-energy (WTE) facility, designed to convert solid waste into compressed natural gas (CNG) that can be used to fuel public transportation.
The facility is also expected to produce high-grade fertilizers as a valuable by-product.
Mahtani said the initiative will convert waste into compressed natural gas, providing a sustainable energy source to support the fuel needs of jeepneys.
Meanwhile, CostPlus donated an electric bus to BCDA, demonstrating both parties’ ‘shared commitment’ to advancing green mobility and supporting the government’s broader sustainability agenda.
The signing event was also witnessed by Indian Ambassador to the Philippines Shri Harsh Kumar Jain, Mahtani and BCDA Executive Vice President and COO Gisela Z. Kalalo.
The state-run firm said this is part of BCDA’s broader commitment to position New Clark City as ‘a model for smart, resilient, and sustainable urban development in the Philippines.’